Er.energyNP@Gmail.com

Nepal Rastra Bank (NRB) has fixed the loan-to-value (LTV) ratio for large passenger electric vehicles (EVs) at 80 percent, implementing a provision introduced in the monetary policy for the fiscal year 2026/27, which comes into effect on Friday.

Under the new policy, banks and financial institutions can provide loans of up to 80 percent of the actual valuation of large passenger EVs.

The 80 percent LTV ratio also applies to loans for replacing vehicles damaged during the Gen Z movement, as well as commercially operated transport vehicles used by industries and business establishments that were damaged during the protests.

For all other types of vehicles, however, the maximum loan-to-value ratio remains 60 percent.